home loan amortization part 1 activity 4d1 interest and principal

This spreadsheet activity helps students reinforce their understanding of the mathematics behind the interest and principal flow in a typical amortization for a home. This becomes more meaningful to the student when they can complement their spreadsheet activities with the realities of searching for homes through real estate sources and the current market conditions.

Download the 3 attached files: Activity 4D1 Instruction Sheet, Activity 4D1 Answer Sheet, and Amortization Template Sheet

The total amount of time spent on the activity is approximately 1 to 3 hours for the Spreadsheet and Analysis depending on the student background with spreadsheets

 

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